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Gdp - Blog Posts
2 months ago
This is fraudulent accounting and will make things look better than they actually are. Changes in taxes, deficits, and spending affect the overall economy and excluding these will make things look better than they actually are. These changes trump wants to make are likely due to the first quarter being on track for negative growth, typically a sign of an economic decline.
AP News
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.
CNBC
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
Tags
2 months ago
This is fraudulent accounting and will make things look better than they actually are. Changes in taxes, deficits, and spending affect the overall economy and excluding these will make things look better than they actually are. These changes trump wants to make are likely due to the first quarter being on track for negative growth, typically a sign of an economic decline.
AP News
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.
CNBC
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
Tags
5 years ago
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